Seize this rare opportunity to renovate, or redevelop and create your dream home or a lucrative dual occupancy – subject to council approval. Offered for the first time in 73 years, this residence is nestled on a approximately 487sqm parcel of land, this residence offers immense flexibility, featuring a fully self-contained upper level with a private rear entry-perfect for investors looking to maximize on dual-income potential. Boasting five spacious bedrooms, multiple living and dining areas flowing to an entertainer's backyard with an inground pool with bonus rumpus room, workshop or teenage retreat, this home is brimming with possibilities. Situated in a sought-after family-friendly enclave, it enjoys proximity to the lifestyle hubs of Monterey, Ramsgate, and Sans Souci. A unique chance to transform, modernize, or rebuild-this one is not to be missed!
Features Include:
• Five generously sized bedrooms – three downstairs and two upstairs – all with built-in wardrobes
• Multiple living and dining areas, offering flexibility and ample space for family gatherings
• Original kitchen with abundant storage, providing functionality and potential for upgrades
• Well-maintained original bathroom plus an external laundry for added convenience
• Expansive backyard with an inground swimming pool + bonus rumpus room/teenage retreat which was previously used as a studio containing a kitchen, bedroom, bathroom and living space
• Set on a prime 480sqm corner block – offering potential for redevelopment, rebuilding, or renovation – subject to council approval
• Self-contained first floor with a private rear entry – a rare investment opportunity for dual-income potential
• Rear lane access via Emmaline Street, Monterey for added convenience
• Ideally located just minutes from Monterey, Ramsgate, and Sans Souci's array of local amenities, including schools, shops, Sydney Airport, and the Sydney CBD
Rates are as follows:
Water: Approximately $170.00 per quarter
Council: Approximately $630.00 per quarter
To arrange a private inspection, please contact Peter Gribilas on 0434 016 127.
